ESG Startup osapiens Raises €110.7 Million to Help Businesses Navigate Sustainability Regulations
Eu-startups3 months ago
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ESG Startup osapiens Raises €110.7 Million to Help Businesses Navigate Sustainability Regulations

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Summary:

  • osapiens, a leading ESG Platform, raises €110.7 million in Series B funding led by Goldman Sachs Alternatives.

  • The funding will be used to accelerate international expansion and further invest in the osapiens HUB technology platform, which simplifies compliance with international ESG regulations.

  • osapiens HUB helps companies identify and mitigate risks in their operations and supply chains, while automating processes to reduce manual workloads.

  • osapiens has quickly established itself as a global leader in the ESG technology sector, supporting over 1,300 customers worldwide, including major brands like Bosch, Coca-Cola, and Metro.

  • The company's customer base has grown by over 473% in 2023, reflecting the increasing importance of ESG compliance for businesses.

osapiens Secures €110.7 Million Series B to Power ESG Compliance Solutions

osapiens, a leading provider of ESG compliance and sustainability reporting solutions, has secured €110.7 million in Series B funding led by Growth Equity at Goldman Sachs Alternatives. This investment will fuel the company's international expansion and further development of its technology platform.

osapiens HUB: A Game-Changer for ESG Compliance

The core of osapiens' offering is the osapiens HUB, an AI-powered cloud-based platform that simplifies compliance with international ESG regulations, including:

  • The Corporate Sustainability Reporting Directive (CSRD)
  • The European Union Deforestation-free Regulation (EUDR)
  • The Corporate Sustainability Due Diligence Directive (CSDDD)

Beyond compliance, the osapiens HUB helps companies identify and mitigate risks in their operations and supply chains while automating processes to reduce manual workloads.

A Unique Approach to ESG Solutions

What sets osapiens apart is its ability to integrate various compliance, risk mitigation, and operational efficiency modules into a single platform, leveraging a common data model. This approach enables real impact and provides actionable insights for businesses to promote long-term sustainability.

Global Growth and Recognition

Founded in Mannheim, Germany, in 2018, osapiens now boasts a global team of over 300 professionals supporting more than 1,300 customers, including prominent names like Bosch, Coca-Cola North America, Metro, and Costco. The company's customer base has grown by over 473% in 2023, reflecting the growing demand for ESG solutions.

The Future of ESG

This significant investment underscores the critical role of ESG compliance in today's business landscape. osapiens' innovative platform empowers businesses to navigate the complexities of ESG regulations with confidence, driving sustainable practices and positive impact.

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